Trading The SPI - NON-Gann Techniques

[GMS]

Good Morning,

The SPI200 Dec 09 contract continued the distribution higher yesterday reaching 4766 before rotating back inside the range through the afternoon session, to close on the point of control 4727. Overnight the market rotated lower off the POC 4727 early in the session to key support at low 4690s.

The overnight action indicates the market is accepting development in the 4690 to 4627 range. Looking outside this range the lack of a defined responsive sell tail at the 4766 high yesterday indicates only a weak rejection of this level.

Initial key resistance is at 4727/34, a break through here sees possibility for rotation to 4766, then 4814. A break of 4693 opens potential for a rotation to 4670 and 4632.

Resistance levels 4709, 4727/34, 4739, 4741, 4757, 4766, 4772, 4795, 4814
Support levels 4696, 4693, 4670, 4664, 4652, 4632, 4619, 4612, 4600.


Have a good day,





Aliom Pty Limited (ACN 123 876 291 AFSL 323182) does not warrant the accuracy, completeness or correctness of any information herein. In preparing this post, Aliom Pty Limited has not taken into account the investment objectives, financial situation or particular needs of any particular person. Before making an investment decision on the basis of information in this post you should consider whether the information is appropriate in light of your particular investment objectives, financial situation or particular needs. You may wish to consult a licenced advisor or accountant to assist your decision.

 

[acouch]

good morning all
Monday's road map
have a great weekend and take care
ac

 

[Edwood]

general rule is to buy the Wed into expiry, sell the Monday after

running to schedule so far

 

[acouch]

good morning all,
today's road map
have a great day and good trades
ac

 

[GMS]

Good Morning,

The SPI200 Dec 09 contract triggered an initiating sell tail in the opening phase yesterday, rotating to the low side of the current development at 4678, responsive buying rotated the market back into the development through the afternoon session. Overnight the market distributed lower through the 4678 development low. The distribution was rejected with the market rotating back into the established development to trigger a responsive sell tail at 4691, taking the market back to the development low (4678) on the close.

The current development is 4678 to 4705. A break at 4678 sees key support at current point of control 4668. A break here opens potential for a rotation to 4557, 4635, 4621 and 4600. A break of 4686 opens potential rotation to 4705 then 4727.

Resistance levels 4686, 4692, 4696, 4705, 4716, 4727, 4739
Support levels 4672, 4668, 4657, 4652, 4635, 4621 and 4600


Have a good day.




Aliom Pty Limited (ACN 123 876 291 AFSL 323182) does not warrant the accuracy, completeness or correctness of any information herein. In preparing this post, Aliom Pty Limited has not taken into account the investment objectives, financial situation or particular needs of any particular person. Before making an investment decision on the basis of information in this post you should consider whether the information is appropriate in light of your particular investment objectives, financial situation or particular needs. You may wish to consult a licenced advisor or accountant to assist your decision.

 

[acouch]

spent most of the day hugging the lis
ac

 

[acouch]

good morning all,
today's road map
have a great day, and good trades
ac

 

[GMS]

Good Morning,

The SPI200 Dec 09 contract rotated higher off key support 4668 in the opening phase yesterday, trading in the established development for the session. Responsive buying rejected a late session attempt to break the 4668 level. A responsive buy tail triggered at 4691 in the opening phase of the night market rotating the market higher, to a session high just short of the current development high 4727.

The break higher overnight off the previous session point of control 4683, indicates the market is attempting a new distributive move higher outside the current development. That distributive break outside the development high 4727 didn’t materialise overnight, although it remains a possibility today.

A break of the 4727 development high opens potential for a rotation to 4766, then 4814. A rotation lower opens key support at 4691, 4683, and 4668.

Resistance levels 4716, 4727, 4739, 4757, 4766, 4773, 4781, 4797, 4818, 4822
Support levels 4696, 4691, 4683, 4672, 4668, 4652, 4635, 4619.


Have a good day.



Aliom Pty Limited (ACN 123 876 291 AFSL 323182) does not warrant the accuracy, completeness or correctness of any information herein. In preparing this post, Aliom Pty Limited has not taken into account the investment objectives, financial situation or particular needs of any particular person. Before making an investment decision on the basis of information in this post you should consider whether the information is appropriate in light of your particular investment objectives, financial situation or particular needs. You may wish to consult a licenced advisor or accountant to assist your decision.

 

[acouch]

road map eod trading..sycom to follow
have a great evening
ac

 

[acouch]

good morning all
today's road map
have a great day, and good trades
ac

 

[GMS]

Good Morning,

The SPI200 Dec 09 contract continued the distributive move on the open yesterday morning, breaking through development high 4727, to trade higher through the session closing near session highs. The distribution higher continued overnight with an opening phase of 4740 to 4761, and the market developed within this range until a mid morning responsive sell tail triggered at 4766, that signalled a rejection of the distribution higher. The market rotated lower to trigger an initiating sell tail at 4736, that has extended into the close.

The sell tail break late in the session was not rejected on the close and we look for a continuation or break of this move on the reopen today. The initiating sell indicates the market has rejected the 4740 to 4761 development overnight with key resistance now at 4736, and 4766. A continuation of the rotation lower sees key support at 4710, 4691, and 4683 and 4668.

Resistance levels 4727, 4736, 4750, 4766, 4773, 4781
Support levels 4710, 4696, 4691, 4633, 4668, 4652, 4635


Have a good day.



Aliom Pty Limited (ACN 123 876 291 AFSL 323182) does not warrant the accuracy, completeness or correctness of any information herein. In preparing this post, Aliom Pty Limited has not taken into account the investment objectives, financial situation or particular needs of any particular person. Before making an investment decision on the basis of information in this post you should consider whether the information is appropriate in light of your particular investment objectives, financial situation or particular needs. You may wish to consult a licenced advisor or accountant to assist your decision.

 

[Joolean]

Boy you absolutely nailed that high ac.
Your low target was pretty darn close too.

 

[acouch]

good morning all,
today's road map
have a great day, and good trades
ac

 

[acouch]

Boy you absolutely nailed that high ac.
Your low target was pretty darn close too.

hi joolean,

yes it is good to see this road map settling in so well so quickly
have a great day
ac

 

[GMS]

Good Morning,

The SPI200 December 09 contract failed to break back above the 4740 prior session development low yesterday on the open, and rotated lower through the session. A responsive buy tail trigger at 4704, rejected the downside move and the market rotated higher into the close.

Overnight the market held support at prior session point of control 4710 to rotate back through the 4740 level, although a responsive sell tail trigger at 4746 rejected the advance and the market rotated lower, to trigger an initiating sell tail at 4711 midsession that has seen an imbalanced distribution lower through the remainder of the session.

The current session point of control is 4683, which was the POC on 21/9 and 22/9. The close below at 4677 and lack of responsive buy tail trigger to indicate a rejection of this new distribution lower opens the possibility of a continuation of the move. A continuation sees key support at 4668 then 4635. A rotation above 4683 opens key resistance at 4691, 4710 and 4736/40.


Resistance levels 4683, 4691, 4696, 4710, 4727, 4738, 4750, 4767
Support levels 4672, 4668, 4652, 4635, 4619, 4612, 4600, 4589


Have a good day.



Aliom Pty Limited (ACN 123 876 291 AFSL 323182) does not warrant the accuracy, completeness or correctness of any information herein. In preparing this post, Aliom Pty Limited has not taken into account the investment objectives, financial situation or particular needs of any particular person. Before making an investment decision on the basis of information in this post you should consider whether the information is appropriate in light of your particular investment objectives, financial situation or particular needs. You may wish to consult a licenced advisor or accountant to assist your decision.

 

[acouch]

how the road map looked eod trading
have a great evening
ac

 

[acouch]

good morning all
Monday's road map
have a great weekend and take care
ac

 

[GMS]

Good Morning,

The SPI200 Dec. 09 contract continued the distribution lower on the reopen Friday morning. A responsive buying tail at 4654 rejected the distributive break, and the market rotated higher to trigger an initiating buy tail at key level 4683. The rotation higher continued back into the established development through the session where responsive selling capped the market key level low 4740s.

The market rejected the distribution below 4683 on Friday, to rotate back into the current development 4683 to 4740, where it continued to rotate through the Friday night session.

Resistance levels 4719, 4727, 4736, 4740, 4748, 4767, 4773, 4781, 4797
Support levels 4696, 4691, 4683, 4677, 4672, 4667, 4654, 4635, 4619


Have a good day.


Aliom Pty Limited (ACN 123 876 291 AFSL 323182) does not warrant the accuracy, completeness or correctness of any information herein. In preparing this post, Aliom Pty Limited has not taken into account the investment objectives, financial situation or particular needs of any particular person. Before making an investment decision on the basis of information in this post you should consider whether the information is appropriate in light of your particular investment objectives, financial situation or particular needs. You may wish to consult a licenced advisor or accountant to assist your decision.

 

[acouch]

good morning,
just thought i would show you Monday's road map finished this morning..
missed the low by 1 tic yesterday, but spot on the high on sycom
i am please to see this road map settling down so well.
ac

 

[acouch]

good morning all
today's road map
have a great day, and good trades
ac